$200K EBITDA Aircraft owner in Dubai

Dear all, One of our clients, an owner of an entity that owns two cargo aircraft (AN-74). There are three companies in this deal: in Estonia, the UAE, and the US. In principle, the deal could be structured as on the US company, but the revenue comes today from the UAE company. The owner is currently seeking a bridge loan of $1M, with collateral consisting of 2 cargo aircraft. Term: 1 year; rate: ~15-18%. The total value of the collateral is $3.6M, and the market price ranges from $13M to $14M. The funding is needed to prepare one of the planes for the next lease; they operate on a take-or-pay basis. The business of the company: sale of spare parts and leasing of their own 2 aircraft to operators who then use them to ship parcels and cargo for corporate clients. The business potentially could be on sale. The owner is not young anymore (65+) and would consider a potential exit. They are currently in the process of signing a long-term contract with an operator with a net cash flow of c. $350k per month. Please let me know asap if this sounds interesting. Thanks! Alex